Investing for my family's future.

Terrible advice, time in the market beats timing the market was true 50 years ago and still is.

Three things:

1) It's possible that English isn't his first language, so cut him some slack.

2) You have no idea how much he helped his wife during the process. It's the same thing as men who build a business and say they did it themselves, but the women get part of the benefits because they were supporting their husbands in the home.

3) He asked a question asking for help and you're just being judgemental. Don't be so rude.

I thought the point was to buy low and sell high

I think it took Amazon like 13 years to recover after the dotcom bubble. Pretty sure timing was importnant then

I'm really glad most people in real life aren't like the people like you on Reddit.

I use AI all the time but I ask specific questions, which I don't think you are yet prepared to do.

there is a community, Rational Reminder, based in Canada, which tends to be quite advanced, but they have a thread for German investors, and perhaps you can find some guidance there. note that you can read, but you can't post w/o mod approval. https://community.rationalreminder.ca/t/rr-germany-thread-brezeln-bratwurst-und-bier/4513

I talked to my AI (google gemini), and it suggests the Finanztip YT channel to bring you up to speed. note that there seem to be some tax issues you need to be aware of to invest efficiently, and I think that channel goes over these.

good luck.

Your post has been removed because it is a common beginner topic. We get too many of these topics every day and to prevent them from swamping the front page, we are removing main threads of this kind.

We also remove such posts because they can attract spam and bad faith comments. If you receive DM's or un-solicitated offers, please be aware that there are a lot of financial scammers on social media.

You are welcome to repost your question in the daily discussion thread.

If you have any issue with this removal, please contact the moderators via modmail. Thank you.

If you are new to investing, you can find curated resources in the r/investing wiki for Getting Started here.

The reading list in the wiki and FAQ has a list of books ranging from light reading to advanced topics depending on your knowledge level. Link here - Reading List

Podcasts and videos can be found in the wiki here - Podcasts and videos

If you know nothing about the capital markets - the Getting Started section at the SEC educational site can be a good place to start - investor.gov \- there are also short 30 second videos on basics. The SEC (Securities and Exchange Commission) is a US regulator with a focus to protect US investors through regulatory oversight of the securities markets.

The FINRA education site at FINRA Education also contains numerous free courses and educational materials. FINRA is a not-for-profit SRO (self regulatory organization) which is self-funded by it's members which are broker-dealers. It works under the supervision of the SEC with a mandate to protect the investing public against fraud and bad practice.

For formal educational materials, several colleges and universities make their course work available for free.

If want to learn about the financial markets - an older but reasonably relevant course is Financial Markets (2011) - Yale University This is the introduction to financial markets course taught by Prof. Shiller from Yale. Prof Shiller won the Nobel prize in economics in 2013.

Another relavant course from MIT is a lecture series on Finance Theory taught by Prof Andrew Lo - Financial Theory (2008) - MIT.

A more current course can be found at NYU Stern School of Business by Prof Aswath Damodaran - Corporate Finance Spring 2019. Prof Damodaran offers the latest materials and webcast lectures to this class here - https://pages.stern.nyu.edu/~adamodar/New_Home_Page/corpfin.html

Check back here after the bubble bursts!